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Feliz [49]
4 years ago
9

Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its waterproof phone case for $90 per unit. Fixe

d costs total $135,000, and variable costs are $36 per unit.
(1) Determine the contribution margin per unit.
(2) Determine the break-even point in units.
Business
1 answer:
anastassius [24]4 years ago
8 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price= $90

Unitary variable cost= $36

Fixed costs= $135,000

First, we need to calculate the contribution margin per unit.

Contribution margin= selling price - unitary variable cost

Contribution margin= 90 - 36= $54

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 135,000 / 54

Break-even point in units= 2,500 units

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Collective Bargaining Westwood Industries is a company specializing in sheet metal fabrication. Most of its employees are member
Setler79 [48]

Answer:

Since Westwood's workers are not government workers, nor railroad or airline workers, nor farmers or domestic workers, they are allowed to strike by the National Labor Relations Act of 1935.

Unions are allowed to call media outlets, and they always do in order o increase public pressure against the company.

Massed picketing (forming barriers and not allowing workers to enter a factory) and sit down strikes are not legal, they are forbidden by the National Labor Relations Act.

8 0
3 years ago
Juanita has a part-time job that pays 12 hour and works about 50 hours every month her withholding are social security 6.2 %medi
ozzi

<u>Answer:</u>$500

<u>Explanation:</u>

It is mandatory to deduct the social security, medicare and federal income taxes from the individuals paycheck. At first the federal income tax has to be deducted from the income. Secondly the social security has to be deducted, thirdly the state taxes have to be deducted and finally the medicare will be deducted.

Calculation of Net pay

Salary of Juanita = $12 per hr x 50hrs

=$600

Federal income tax 600 x 10%

=$60

Social security 540 x 6.2%

=$33.48

Medicare= 506.52 x 1.45%

=$7.34

So the net pay= Gross pay- deductions

=600-60-33.48-7.34

=499.17

Which is approximately $500 is the net pay.

5 0
4 years ago
Suppose that France and Sweden both produce oil and cheese. France's opportunity cost of producing a pound of cheese is 3 barrel
Anni [7]

Answer:

FRANCE has a comparative advantage in the production of cheese and SWEDEN has a comparative advantage in the production of oil.

  • Comparative advantages result form the lowest opportunity costs. In this case, France's opportunity cos tot produce cheese is lower, while Sweden's opportunity cost of producing oil is lower.

France can gain from specialization and trade as long as it receives more than 3 BARRELS of oil for each pound of cheese it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 1/11 POUNDS of cheese for each barrel of oil it exports to France.

Based on your answer to the last question, which of the following terms of trade (that is, price of cheese in terms of oil) would allow both Sweden and France to gain from trade?

  • a. 6 barrels of oil per pound of cheese
  • c. 4 barrel of oil per pound of cheese

5 0
3 years ago
During the current year, Comma Co. had outstanding: 25,000 shares of common stock; 8,000 shares of $20 par, 10% cumulative prefe
Sergeu [11.5K]

Answer:

The Comma’s basic earnings per share for the current year was $7.36

Explanation:

The computation of the earning per share is shown below

Earning per share = (Net income - preferred dividend) ÷ (Number of shares)

where,

Net income is $200,000

Preference dividend = Number of shares × price per share × rate

                                  = 8,000 shares × $20 × 10%

                                  = $16,000

And, the number of outstanding shares is $25,000

Now put these values to the above formula  

So, the value would equal to

=  ($200,000 - $16,000) ÷ (25,000 shares)

= $184,000 ÷ 25,000 shares

= $7.36 per share

3 0
3 years ago
Selected data taken from the accounting records of Laser Inc. for the current year ended December 31, are as follows: Balance, D
Olin [163]

Answer:

1. Cash payments for merchandise is $446,030

2.Cash payment for operating expense is $77,870

Explanation:

1. In order to calculate the Cash payments for Merchandise we would have to use the following formula:

   

Cash payments for Merchandise= cost of goods sold +decrease in accounts payable-decrease in inventory

Cash payments for Merchandise=$448,500+$4,290-$6,760  

Cash payment for Merchandise=$446,030

2. In order to calculate the Cash payments for operating expenses we would have to use the following formula:

Cash payment for operating expense=operating expense - decrease in prepaid expense +decrease in Accured

Cash payment for operating expense=$78,000 -$650+$520  

Cash payment for operating expense=$77,870

5 0
3 years ago
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